Rehak resigns as Curtis takes OFM’s CEO spot
OFM Investment Group chief executive Michael Rehak has resigned and will be replaced by former Coles Myer property general manger Rick Curtis.
Rehak says after 14 years with the company he felt it was time for a change.
“The company is moving to a property-focussed strategy and now that I have achieved my aims for the company, it is time for me to look for a new challenge,” he says.
Rehak has been chief executive of OFM for the past four years. He led the company through demutualisation and a listing on the Australian Stock Exchange (ASX) in March this year.
Curtis joined Coles Myer in 1994, prior to which he worked at the former State Bank of South Australia and for six years was a solicitor practicing in finance and property law.
Rehak will leave OFM in October at the time of the company’s annual general meeting.
Rehak is planning to take a long holiday and will then seek a further position in the financial services industry.
“I think my expertise gained at OFM will provide an opportunity for me to return to the financial services industry,” he says.
Recommended for you
Inefficient data processes and systems mean advisers are spending over half of their time on product implementation and administration at the expense of clients, according to research.
With the regulator announcing its enforcement focus for 2025 last week, law firm Hall & Wilcox examines the areas which have dropped down the list in priority for the regulator.
South Australian financial advice and accounting business Perks has extended its paid parental leave program from 12 to 26 weeks, putting it on par with big four firms.
Mason Stevens has tapped Investment Trends’ head of growth, alongside two other hires, to bolster its distribution team.